IMF and Ghana reach staff-level deal on $3 bln loan-programme …
WEB3 days ago · Ghana's debt restructuring is expected to reduce its debt stock by $4.7 billion and provide cash flow relief worth a total of $4.4 billion during the period of the IMF programme, the government ...
Ghana, IMF Reach Staff-Level Deal on $360 Million of Funding
WEB3 days ago · Ghana is close to receiving another $360 million from the International Monetary Fund after the latest review of a funding program for the West African nation. ... news and insight around the ...
IMF reaches staff-level agreement with Ghana for $360m fourth …
WEB4 days ago · The staff-level agreement was reached after what the Fund described as “programme performance has been generally satisfactory, with remarkable progress on debt restructuring.”. It is however subject to the approval of the IMF Board for the fourth tranche of US$360 million. This tranche if approved will …
IMF Reaches Staff-Level Agreement on the Third Review of the …
WEB3 days ago · An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, held meetings in Accra from September 24 to October 4, 2024, to discuss progress on reforms and the authorities’ policy priorities in the context of the third review of Ghana’s three-year program under the Extended Credit Facility.
IMF board approves $360 mln payout to Ghana after second review
WEBJun 28, 2024 · The International Monetary Fund's executive board approved the second review of Ghana's $3 billion loan programme on Friday, allowing for the immediate disbursement of around $360 million, the...
Ghana: Transforming a Crisis into a Journey Toward Prosperity - IMF
WEBJan 29, 2024 · Now, the Ghanaian economy is showing signs of stabilization thanks to the authorities’ steadfast implementation of its IMF-supported economic program, which aims to restore macroeconomic stability, secure debt sustainability, and lay the foundations for higher and more inclusive growth.
IMF Executive Board Approves US$3 Billion Extended Credit …
WEBMay 17, 2023 · The IMF Executive Board approves SDR 2.242 billion (about US$3 billion) 36-month ECF arrangement for Ghana. This decision will enable an immediate disbursement equivalent to SDR 451.4 million (about US$600 million).
IMF approves $3 billion Ghana loan, with $600 million immediate …
WEBMay 17, 2023 · The International Monetary Fund's executive board on Wednesday approved a $3 billion, three-year loan program for Ghana, allowing for an immediate disbursement of about $600 million and a...
Ghana secures $3bn IMF deal after creditors agree to debt …
WEBMay 18, 2023 · The IMF has approved a $3bn loan to Ghana after the west African country’s creditors, including China, agreed to a crucial debt-restructuring that is vital to resolving Accra’s long-running...
IMF Reaches Staff-Level Agreement With Ghana On $360mln …
WEB16 hours ago · In an October 4 statement, the institution revealed that full approval of this agreement will result in the disbursement of around $360 million for the country. This will push the total financial aid from the IMF, since May 2023, to roughly $1.9 billion. IMF officials noted that Ghana has been making good progress under the program.
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